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The Latest Breaking News from Elon Musk

Tesla Faces A $56 Billion Question. Does Elon Musk Have The Votes?

All eyes are on Tesla this week as it prepares for a company-defining shareholder vote. Plus, battery factories hit a slowdown.

InsideEVs

Musk says retail shareholders still back him despite $1.7 trillion oil fund saying they will vote against his pay package

Continued lobbying on Elon Musk's behalf all the way down to the wire suggests the risk of a no vote at this Thursday's annual shareholder meeting is not negligible.

Fortune

Tesla-Baidu Deal Brings Giant Closer To Launching Full-Self Driving Technology In China

The deal between Tesla and Baidu brings Elon Musk's company closer to rolling out full FSD in China.

International Business Times

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Norway's Fund to Vote Against Elon Musk's $56 Billion Pay Deal

Elon Musk's leadership faces a test as shareholders vote on the rejection of the $56 billion pay deal. Norway Wealth Fund opposes the package.

International Business Times UK

Australian Censors Back Down, Highlighting the U.S. as a Free Speech Haven

Officials suspend efforts to force X to suppress the world’s access to video of a crime.

Reason

DOGE Fans Erupt After Ripple CEO Says Dogecoin Hasn't Done Anything Good For Crypto

Fans and users of DOGE blasted Ripple CEO Brad Garlinghouse after his comments during last week's Consensus 2024 event about the world's top memecoin emerged.

International Business Times

Norway's Sovereign Wealth Fund To Vote Against Elon Musk's Compensation

Norway's sovereign wealth fund opposes Elon Musk's Tesla compensation package, citing concerns over size and structure.

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Tesla CEO Elon Musk To Leave If $56 Billion Pay Package Not Approved

This will be the second vote by shareholders on the CEO's pay, after a Delaware judge nullified the first vote earlier this year.

International Business Times

Norwegian wealth fund to vote against Elon Musk's Tesla pay package

Norway’s sovereign wealth fund managed by Norges Bank Investment Management said Saturday it will vote against Elon Musk’s hefty CEO compensation package during Tesla’s annual meeting on Thursday

The Independent UK

SpaceX wants to build 1 Starship megarocket a day with new Starfactory

During a successful fourth flight test of Starship this week, SpaceX stated another big goal: Building one megarocket a day at its new Starfactory.

Space

Will TSLA Stock Go Up, and Can Tesla Become a $1 Trillion Company Again?

Tesla trades at less than half of its 2021 highs, and has yet to reclaim its $1 trillion market cap. Will TSLA stock go back up in 2024? Here's what analysts say.

Barchart

Tesla leads charge to defend Elon Musk’s $56bn pay package

After the deal was struck down in court in January, investors will be asked to endorse it again this week

The Guardian - US

Docusign CEO says while it’s true Americans work harder than Europeans, maybe Americans aren’t happier

"There is a balance there between the needs of the company and what employees think is good for them."

Fortune

Elon Musk could bring home $56 billion in historic pay package. His compensation completely dwarfs the biggest paydays in corporate American history

Other Fortune 500 CEOs don’t even make 1% of Musk’s proposed pay package.

Fortune

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InsideEVs

This Is The Most Direct Threat Yet That Elon Musk Could Quit Tesla

Tesla Chair Robyn Denholm wrote an assertive letter urging investors to approve Musk's fat paycheck and move the company's legal domicile to Texas.

Evening Standard

E.coli cases 'likely to rise' after outbreak linked to 'food item': Tech & Science Daily podcast

Plus, a full automated transcription of today’s episode

Fortune

Tesla shareholders’ vote on Elon Musk’s record $56 billion pay deal could be his ‘last stand’ as CEO, experts warn

But massive support could further embolden Musk’s worst tendencies.

The Guardian - UK

Elon Musk may ‘step back’ if shareholders reject $56bn pay package, Tesla chair warns

Robyn Denholm says electric carmaker’s CEO could spend his time elsewhere if biggest pay deal in US corporate history isn’t approved

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news in one place.

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Fortune

Tesla shareholders will soon get to decide whether Elon Musk deserves his record-breaking $46 billion pay package

Tesla's board chair says Musk's pay is a matter of "fairness" after he sped past the company's targets. Some investors are less convinced.

Fortune

Former Tesla board member says he wouldn’t vote for Musk’s $56 billion pay package

This is “hubris,” said the former audit chairman and VC.

Fortune

Tesla board chair says not paying Elon Musk is unfair—‘Put yourself in his shoes’

Investors will vote on the Tesla CEO’s $56 billion stock option package next week.

International Business Times

China Sees Commercial Sector As Next Frontier In US Space Race

A world-first launch from the far side of the Moon this week showcased China's progress in space, and Beijing now wants its commercial sector to catch up to rivals such as Elon Musk's SpaceX. Chinese companies lag far behind American frontrunners led by SpaceX, which plans to launch Starship, a…

The Guardian - US

SpaceX’s massive Starship rocket records first successful test flight

The hour-long test flight of the world’s most powerful rocket was followed by a splashdown in the Indian Ocean

InsideEVs

Tesla Shareholders Stupefied Over Musk's Orders To Divert Nvidia Shipments To X

Today on Critical Materials: Tesla shareholders livid over Musk diverting GPUs, Stellantis looks in-house for EV parts, and Mercedes taps China for autonomy.

Top News

Spacex's Mega Rocket Successfully Completes Test Flight In Texas

SpaceX's Starship rocket prototype successfully completes high-altitude test flight, marking a milestone in developing reusable spacecraft for interplaneta...

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